Chase has a great Free Money offer through their Chase Sapphire Preferred card. They’re offering 40,000 bonus points that you can redeem for anything you want, from $500 worth of travel to $400 worth of merchandise, gift cards and cash back.

If you are planning on vacationing this summer, the $500 in airfare and hotel will come in handy! If not, $400 cash is one of the largest sign up bonuses we’ve seen recently.

Cash: redeem 40,000 points for gift cards or a statement credit of $400.

Chase Terms and Conditions

No annual fee for your first year; $95/year thereafter.

Purchases do not include using your account for balance transfers or cash advances, or using any checks that access your account.

Offer is valid only for first-time cardmembers with new accounts.

More on Chase Sapphire

Great for Travelers. You can redeem your points at leading airlines and hotels at a 1:1 value & earn 2 points per dollar spent on travel and dining at restaurants & 1 point per dollar spent on all other purchases. Plus, there are no travel restrictions or blackout dates when you book airfare or hotel accommodations through Ultimate Rewards.

No Foreign Travel Fees. Only a few credit cards don’t charge a fee on international purchases and the Chase Sapphire is one of them!

Yearly Points Dividend. You will receive a yearly bonus of 7% of all points you earned (even if you redeemed them already) in the previous year!

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Comments to Chase Sapphire $400 – $500 Sign Up Bonus

I would so love to do this but applied for the Chase Freedom card recently and was denied because I have too many accounts with them. Apparently 3 (Amazon, Southwest, and one that was sold by WAMU) is too many! Bummer…

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